House Hack Option in Las Vegas, which would you do

[Andrew Jackson]

What's up BP!

I recently moved to Vegas and am looking to house hack. I found a 4 unit apartment complex that will cash flow with property management included ($75 a month). Which is the first property I've found that will cash flow, I've analyzed almost all 4unit complexes on the market. I've also thought about buying a large home and renting out the rooms, which would cash flow, but I'd be managing everything.

My strategy if I go with the 4plex is, finance with FHA, live in it for 6 months then finance a SFH potentially through FHA.

My strategy if I go with the single family home is to finance with FHA, Find good tenants to live with, and use the potential equity (assuming Las Vegas Booms like people are saying) to purchase multi units or other SFH to rent

What do you believe would be the wisest strategy?

If there's cash flow, can I really lose?

My long term goal is buy and hold so I have passive income that will allow me to enjoy my family and support somewhat high-end lifestyle.

Thank you for your help and input

[Thomas S.]

My preference is to invest in purpose built rental properties. A multi plex wins hands down every time over a SFH.